Jharkhand News: English beverage will be cheap in Jharkhand, beer prices will also be low; Greed of the Department of Finance - Beverage will be cheaper in the state of Jharkhand

A plan was made to make English beverage cheaper in Jharkhand. The Department of Excise and Alcoholism has fully prepared a proposal to recover 5% VAT on liquor sale. Approved by the Department of Finance. Currently, 75% VAT is taken. The proposal will be sent to the Cabinet for approval. This can increase alcohol consumption and will benefit the government. Amit Singh, Ranchi. Jharkhand News: English beverage will be cheaper in Jharkhand. The Department of Excise and Alcoholism has prepared a proposal to recover only five percent VAT on the sale of liquor. This proposal got the green signal from the Department of Finance. The proposal related to this was sent to the commercial tax department. After the approval of here, the proposal for final consent will be sent to the Cabinet. From April 19, 2020, 75 percent value -added tax (VAT) will be charged on the sale of liquor. As a result, liquor became expensive and its consumption also dropped relatively due to the high price. The target of 4500 crore income recovery was set by the Department of Excise in the financial year 2024-25, the target of revenue collection of Rs 2700 crore. A total of 2708 crore was restored to January 31. The department set a target of about 4,500 crore income collection in the financial year 2025-26. Responsibilities say that consumption will rise if the price of alcohol is low. In such a situation, income will come more. VAT is not recovered in Bengal, but the income comes more every year. Read how much the price will be reduced, understand that after the mathematics is five percent, the drink (750 ml) will be available for Rs 4950 for approximately Rs 3400. At the same time, liquor is available for Rs 2220 Rs 1600 and the price of bottle for Rs 1060 is Rs 550. The sale of alcohol is low due to the high price. If the price is high, the consumption of trademark liquor is low. Consumption will rise if the price of alcohol is low. The department prepared a proposal to reduce 75 percent VAT. Only five percent VAT is charged. After the Cabinet has been approved, the state will be effective. Yogendra Mahato, pastor, excise department, every big news of your city, now on your phone. Download the most reliable companion of Local News Afjagran Local App.